Company Announcements

Cadeler A/S Expands Loan Facility for Growth

Cadeler A/S Sponsored ADR (CDLR) has released an update.

Cadeler A/S, a leader in offshore wind installation, has bolstered its financial health by adding EUR 45 million to its Green Corporate Loan Facility, now totaling EUR 125 million in committed funds. This strategic financial move, facilitated by HSBC and Standard Chartered, enhances Cadeler’s ability to finance its wind turbine installation projects and grasp market opportunities. The company emphasizes its commitment to sustainable energy and its role in powering the renewable energy transition.

For further insights into CDLR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCadeler A/S Expands Board Amidst Offshore Wind Focus
TipRanks Auto-Generated NewsdeskCadeler A/S to Announce Q3 2024 Earnings
TipRanks Auto-Generated NewsdeskCadeler A/S Secures Major Offshore Wind Contracts
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App